For clear insight into regional Maleic anhydride markets, you need in-depth price reports direct from those regions.
That’s why ICIS maintains a network of locally based reporters, providing not just price assessments but market commentary and analysis.
Updated to Q4 2018
Some maleic anhydride (MA) producers in Asia were focussed on catering to domestic demand in their respective markets during the quarter. As a result, they were not keen to export cargoes into southeast Asia. Additionally, a few producers were diverting their cargoes to Europe, the US and Middle East – where netbacks are better compared with Asia. There was no scheduled maintenance during the quarter. As such, supply was largely stable.
Demand from downstream unsaturated polyester resins (UPR) was weak during the quarter. Consequently, some buyers were not keen to stockpile cargoes amid softer MA prices arising from a slide in feedstock butane prices. Typically, butane prices are firmer in the fourth quarter due to a surge in demand during the winter months in the northern hemisphere. This year, prices were softer month-on-month amid volatility in crude oil values. This prompted buyers to procure on a need-to basis.
We offer the following regional Maleic anhydride analysis and news coverage to keep you informed of factors and developments affecting prices in the Asia Maleic anhydride marketplace.
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ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
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Maleic anhydride (MA) is derived from butane in the US. In Europe and Asia, MA is derived predominantly from butane units, although a small amount is produced by benzene units.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Maleic anhydride.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
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ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Maleic anhydride. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
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SINGAPORE (ICIS)--Discussions for maleic anhydride (MA) into southeast Asia were stable at $1,330-1,350/tonne amid weak market sentiment, as several...Read
SINGAPORE (ICIS)--Southeast Asia’s maleic anhydride (MA) spot prices have reached three-year highs amid tight supply and strong demand from Europe...Read